This course is for those interested in starting a career in bookkeeping. The course builds on the knowledge and skills covered in the first two courses in this professional certificate to dive deeper into concepts related to taxation. You will apply those concepts in scenarios using the TallyPrime software.The course includes several real-life business scenarios, charts, images, observations, solved illustrations, and practice scenarios on TallyPrime.
This course is part of the Tally Bookkeeper Professional Certificate
Basics of Statutory Compliance and Taxation
Offered By
Tally Bookkeeper Professional CertificateTally EducationAbout this Course
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Flexible deadlines
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Shareable Certificate
Earn a Certificate upon completion
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Course 3 of 3 in the
Intermediate Level
Any Degree or Working Professional
Approx. 46 hours to complete
English
Subtitles: English
Could your company benefit from training employees on in-demand skills?
Try Coursera for BusinessSkills you will gain
- Financial Accounting
- TDS
- Export and Import
- Interstate transactions
Flexible deadlines
Reset deadlines in accordance to your schedule.
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Course 3 of 3 in the
Intermediate Level
Any Degree or Working Professional
Approx. 46 hours to complete
English
Subtitles: English
Could your company benefit from training employees on in-demand skills?
Try Coursera for Business
Offered by
Tally Education
Tally Education Private Limited (TEPL), is a group company and an education initiative of Tally Solutions.
We are the designers of Tally, the simplest and most widely used business software in the nation. We deliver the best-in-the-industry learning and certifications on Accounting with TallyPrime thanks to our years of domain expertise! The in-demand Tally Certifications enhance skills, increase chances of higher pay, get a better job offer, and open new career opportunities.
Syllabus - What you will learn from this course
Week1
Week 1
Goods and Services Tax (GST)
At the end of the module, Goods and Services Tax, you will be able to…
• Explain the concept of GST, and its tax Structure • Describe the GST structure in detail, explain the regular & composition dealer registration -threshold limit. • Explain the HSN code/SAC code • Describe GST Rate structure and express the importance of Supply of Goods and Services. • Determine the charges of the tax and the taxable jurisdiction where tax should reach. • Explain the rules and aspects of invoicing including when a tax invoice must be issued. • Activate GST for a company and configure tax rate at different levels • Record GST compliant transactions • Generate E-way Bill Report • Generate GST Returns, e-invoice and also file GST returns accurately • And Record GST Compliant transactions for Composition Dealer under GST Regime
91 videos (Total 290 min), 21 readings, 19 quizzes
91 videos
Welcome Video - An Overview2mWelcome Video - An Overview1mLearning Objectives2mGST and Its Importance3mGST Tax Structure and Determination of Tax3mGST Registration8mManaging HSN CODE/SAC2mGST Rate Structure3mSupply of Goods and Services2mInvoicing3mDebit Note, Credit Note/Supplementary Invoice2mReceipt Voucher1mInput Tax Credit2mIntroduction to E-Way Bill2mComponents of E-Way Bill3mWho Must Generate E-Way Bill1mValidity of E-Way Bill52sE-Way Bill Process Flow2mGST e-Invoicing and its Benefits2mDate of Implementing GST e-invoicing13mIntroduction to GST in Tally2mCreation of Company and Activating GST6mIntroducing Capital into the Business2mCreation of Accounting Masters6mCreation of Inventory Masters3mDisplaying Chart of Accounts53sHierarchy of Calculating Tax in Transactions4mDefining GST Rates at Company Level1mDefining GST Rates at Stock Group Level3mDefining GST Rates at Stock Item Level2mDefining GST Rates at Accounting Group Level1mDefining GST Rates at Ledger Level2mDefining GST Rates at Transaction Level2mIntroduction to 'Recording GST Compliant Transactions'1mAccounting Intrastate Supply of Goods & Services1mIntrastate Inward Supply of Goods6mIntrastate Outward Supply of Goods11mIntrastate Inward Supply of Services3mIntrastate Outward Supply of Services3mAccounting Interstate Supply of Goods & Services2mInterstate Outward Supply of Goods2mInterstate Outward Supply of Services1mAccounting Purchase and Sales Returns of Goods with GST1mPurchase Returns of Goods3mSales Returns of Goods2mSupplies Inclusive of Tax5mIntroduction to 'E-Way Bill Report in Tally'2mExporting Bulk or Consolidated e-Way Bill invoices2mUpdate e-Way Bill Information55sInput Tax Credit Set Off Against Liability7mOverview of GST Tax Payment1mTimeline for Payment of GST Tax3mChallan Reconciliation1mIntroduction to 'Generating GST Returns for Regular Dealer in Tally'42sGSTR-15mGSTR-3B3mGSTR-9 – GST Annual Computation4mIntroduction to 'Filing GST Returns in Tally'1mGenerating the JSON file from Tally and uploading the same in the GST Portal2mGenerating GSTR-3B details in JSON format2mFiling GSTR-9 Returns - GST Annual Computation1mIntroduction to 'Generating e-Invoice in Tally' and Business Scenario2mRecording Outward Supply and Generating e-Invoice Without e-Way Bill6mRecording Outward Supply and Generating e-Invoice With e-Way Bill7mGenerating E-Invoice Report on Tally40sExport Bulk Invoices using Online Method1mExport Bulk Invoices using Offline Method2mUpdate Details in Tally and Print QR Code7mQuarterly Return Monthly Payment Scheme and Business Scenario3mCompany Creation and Introducing Capital in the Business2mCreation of Accounting Masters1mCreation of Inventory Masters51sAccounting Intrastate Supply of Goods & Services1mIntrastate Outward Supply of Goods5mInput Tax Credit Set Off against Liability and Tax Payment2mInvoice Furnishing Facility (IFF) in QRMP Scheme1mExporting Section-Wise JSON Files from Tally for IFF8mFiling Quarterly Return -GSTR-13mIntroduction to 'Composition Dealer Under GST Regime'1mConditions to be Satisfied Under the Scheme and Business Scenario2mCompany Creation and Introducing Capital in the Business1mCreation of Accounting Masters2mCreation of Inventory Masters1mIntrastate Inward Supply of Goods2mInterstate Inward Supply of Goods46sIntrastate Outward Supply of Goods4mGenerating GST Returns for Composition Dealer in Tally46sGSTR-43mGST CMP-081mGST Tax Payment5mConclusion1m21 readings
Program and Course Overview10mLearning Objectives5mIntroduction to GST -Part A30mIntroduction to GST -Part B30mE-Way Bill30mGST e-Invoicing50mGST in Tally1hHierarchy of Calculating Tax in Transactions-Part A30mHierarchy of Calculating Tax in Transactions-Part B30mRecording GST Compliant Transactions -Part A2hRecording GST Compliant Transactions -Part B2hRecording GST Compliant Transactions -Part C1h 30mE-Way Bill Report in Tally30mInput Tax Credit Set Off Against Liability30mGST Tax Payment30mGenerating GST Returns for Regular Dealer in Tally30mFiling GST Returns in Tally30mGenerating e-Invoice in Tally2hQuarterly Return Monthly Payment Scheme2hComposition Dealer Under GST Regime2hConclusion10m19 practice exercises
Introduction to GST -Part A5mIntroduction to GST -Part B3mE-Way Bill5mGST e-Invoicing2mGST in Tally4mHierarchy of Calculating Tax in Transactions-Part A3mHierarchy of Calculating Tax in Transactions-Part B2mRecording GST Compliant Transactions -Part A3mRecording GST Compliant Transactions -Part B2mRecording GST Compliant Transactions -Part C3mE-Way Bill Report in Tally4mInput Tax Credit Set Off Against Liability2mGST Tax Payment1mGenerating GST Returns for Regular Dealer in Tally2mFiling GST Returns in Tally3mGenerating e-Invoice in Tally4mQuarterly Return Monthly Payment Scheme3mComposition Dealer Under GST Regime2mGraded Assessment-Goods and Services Tax (GST)20mWeek2
Week 2
Tax Deducted at Source (TDS)
At the end of the module Tax Deducted at Source, you will be able to:
• Activate and maintain TDS in Tally • Configure TDS at different levels • Record different types of TDS transactions like accounting of expenses, accounting of expenses partly subjected to TDS • Account multiple expenses and deduct TDS later • Record TDS payment transaction to government and generate TDS reports and challans, and file e-TDS Returns.
30 videos (Total 125 min), 13 readings, 10 quizzes
30 videos
Learning Objectives41sIntroduction to TDS57sBasic Concepts of TDS Part 11mBasic Concepts of TDS Part 224sBasic Concepts of TDS Part 32mTDS Process Part 14mTDS Process Part 22mTDS in Tally1mActivation of TDS in Tally2mTDS Statutory Masters3mConfiguration of TDS at Group level13mConfiguration of TDS at Ledger level12mRecording TDS Compliant Transactions in Tally14mBooking Expenses and TDS deduction on crossing Exemption Limit12mAccounting Multiple Expenses and Deducting TDS later8mTDS Payment to Department3mResolving Uncertain Transactions2mTDS Outstanding1mPayment of Tax to the Income Tax Department5mGenerating TDS Challan (ITNS 281)2mTDS Report1mChallan Reconciliation4mForm 26Q2mTotal Voucher4mPayment Details48sE-Return1mForm 26Q6mTRACES Portal2mChanges in TDS rates from 1st April 20212mConclusion1m13 readings
Learning Objectives2mIntroduction to TDS2mBasic Concepts of TDS30mTDS Process30mTDS in Tally30mTDS Statutory Masters10mConfiguration of TDS at Different levels1hRecording TDS Compliant Transactions in Tally- Part A1h 30mRecording TDS Compliant Transactions in Tally- Part B1h 30mTDS Payment to Department30mTDS Report1hChanges in TDS rates from 1st April 202110mConclusion5m10 practice exercises
Basic Concepts of TDS2mTDS Process1mTDS in Tally1mTDS Statutory Masters2mConfiguration of TDS at Different levels2mRecording TDS Compliant Transactions in Tally4mTDS Payment to Department2mTDS Report2mChanges in TDS rates from 1st April 20211mGraded Assessment-Tax Deducted at Source (TDS)18mWeek3
Week 3
Management of Business Data
At the end of the module Management of Business Data, you will be able to:
• Export the data in available formats such as XML, Excel, PDF etc. • Export and Import of data from one company to another company • Extract the data with the help of Open Database Connectivity (ODBC) feature of Tally • Print company logo on Vouchers, Invoices & Reports
11 videos (Total 33 min), 7 readings, 5 quizzes
11 videos
Learning Objectives45sIntroduction to Management of Business Data1mExporting of data in available formats3mExport and Import of Data1mExport and Import of Masters from one company to another in XML format7mExport and Import of Transactions from one company to another in XML format2mExporting Reports to MS Excel1mExporting Reports to PDF1mOpen Database Connectivity (ODBC)5mPrinting of Company Logo on Vouchers, Invoices & Reports5mConclusion33s7 readings
Learning Objectives2mIntroduction to Management of Business Data5mExporting of data in available formats10mExport and Import of Data1hOpen Database Connectivity (ODBC)30mPrinting of Company Logo on Vouchers, Invoices & Reports20mConclusion2m5 practice exercises
Exporting of data in available formats1mExport and Import of Data2mOpen Database Connectivity (ODBC)1mPrinting of Company Logo on Vouchers, Invoices & Reports2mGraded Assessment - Management of Business Data8mWeek4
Week 4
Moving to the Next Financial Year
At the end of the module Moving to the Next Financial Year, you will be able to:
• Export the data from one company to another company • Demonstrate the meaning and complete process involved in splitting the company data • Create a new company for maintaining the books of accounts for the new financial year • Create group company by consolidating the member companies’ data. • Generate the comparative final accounts reports of multiple companies in a single page.
9 videos (Total 30 min), 10 readings, 8 quizzes
9 videos
Learning Objectives1mIntroduction to Moving to the Next Financial Year2mChanging Current Period and continue voucher entry in the same company data2mCompany data handling through Export and Import of data6mSplit Company Data5mCreate a new company and maintain books of accounts for the new financial year2mCreating Group Company Data4mComparative Final Accounts Reports of Two Companies2mConclusion1m10 readings
Learning Objectives12mIntroduction to Moving to the Next Financial Year5mChanging Current Period and continue voucher entry in the same company data10mCompany data handling through Export and Import of data30mSplit Company Data30mCreate a new company and maintain books of accounts for the new financial year10mCreating Group Company Data30mComparative Final Accounts Reports of Two Companies10mConclusion2mStatutory & Taxation Capstone Project 4h8 practice exercises
Changing Current Period and continue voucher entry in the same company data2mCompany data handling through Export and Import of data1mSplit Company Data2mCreate a new company and maintain books of accounts for the new financial year1mCreating Group Company Data1mComparative Final Accounts Reports of Two Companies1mGraded Assessment - Moving to the Next Financial Year14mStatutory & Taxation - Capstone Project1hAbout the Tally Bookkeeper Professional Certificate
Preparing to start a new career in bookkeeping, or want to learn how to manage your own account books,this program will teach you in-demand skills and latest accounting tools to excel. Bookkeepers are in high demand across many industries and focus on various areas of accounting, finance, or taxation.
Designed by Tally, India’s leading business management software solution company, this program will introduce you to the concepts of corporate finance, accounting, taxation, and statutory compliances, equipping you to handle accounting transactions in the work environment with ease. You’ll learn how to use Tally software, used by 80% of companies in India for financial reporting, in a wide variety of real-business situations. Upon completion, you will earn a Professional Certificate from Tally, validating your competency in finance and accounting fundamentals, proficiency with Tally business management software, and signal your job readiness to potential employers. In this program, you’ll learn: How to close Financial Year Books of Accounts and begin the next Financial Year How to work on Accounts Payable and Receivable Management The fundamentals of Banking Solutions (BRS), Budgets and Control Management, the workings of Goods and Services Tax (GST), and the calculations of Tax Deducted at Sources (TDS) To create MIS Reports Purchase and sales order processing Stock keeping unit maintenance (SKU)
Frequently Asked Questions
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When you enroll in the course, you get access to all of the courses in the Certificate, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
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